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miners earn 1/2 as much

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jschu99
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Re: miners earn 1/2 as much 2021/06/01 21:57:30 (permalink)
Thing is, the price hasn't really dropped enough yet. We still haven't seen 2018 crash level yet
daikonv
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Re: miners earn 1/2 as much 2021/06/01 22:00:27 (permalink)
I don't think it'll bottom out like that again. Hopefully this pullback is making some folks think twice about starting mining though.
srkellar
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Re: miners earn 1/2 as much 2021/06/01 22:02:25 (permalink)
The mining will never stop. The cat is out of the bag and we're left waiting for table scraps.
My Intentions
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Re: miners earn 1/2 as much 2021/06/02 00:50:47 (permalink)
Mining will never die sadly. And all these software locks on the cards will be broken eventually. The unfortunate truth.
`br4dz-
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Re: miners earn 1/2 as much 2021/06/02 07:15:02 (permalink)
As long as their are crypto's out there that are proof of work, mining will never stop. Mining was ongoing even between 2017-2020 at the times we didn't have GPU shortages. Honestly the only way to fix it is for it to no longer be profitable on consumer grade hardware.
Jflip95
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Re: miners earn 1/2 as much 2021/06/02 16:01:27 (permalink)
wait till the owners of eth change things around earnings its gonna cut things even less
TraZix
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Re: miners earn 1/2 as much 2021/06/02 19:17:57 (permalink)
As much as I hate miners for buying up all the GPU stock, we can't really blame them for doing what they want to do. The main problem with miners is that they are okay with buying from scalpers as they get ROI back on how much they've spent.
liverton11
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Re: miners earn 1/2 as much 2021/06/02 19:20:55 (permalink)
Graphic card manufacturers are the real winners in this game.
SovMan264
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Re: miners earn 1/2 as much 2021/06/02 19:28:30 (permalink)
It will improve over time. Thats just the way it is. It goes in waves I guess
Akarenji
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Re: miners earn 1/2 as much 2021/06/02 20:19:26 (permalink)
You know for a fact in a few weeks there'll be a custom driver 
cbutsko
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Re: miners earn 1/2 as much 2021/06/04 19:43:28 (permalink)
Im sure they'll find away to make that money anyway
fonicks
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Re: miners earn 1/2 as much 2021/06/05 11:56:15 (permalink)
asmodyus
Plus as soon as Ethereum is not worth mining another alt coin will pop and be new the mining king and there already some potential but right now everyone is riding on Ethereum until they can't. So Until the production and importing issues are fixed cards will still be going to scalpers for lack of cards miners are just adding to the difficulty of getting cards.

This. Even if Ethereum were to go completely belly up, nothing's stopping some crappy alt coin taking its place.
tjzevga
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Re: miners earn 1/2 as much 2021/06/05 12:40:29 (permalink)
Even earning 50% is still profitable. Still hard to buy a card.
steven-1979
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Re: miners earn 1/2 as much 2021/06/05 13:13:11 (permalink)
God, cryptos are such a plague. Worst part is that manufacturers have no real incentive to put crypto blocks on their card. They must be loving selling at these prices.
jon_so8
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Re: miners earn 1/2 as much 2021/06/06 08:11:29 (permalink)
Hopefully they figure out a way besides cards to mine
Gerpatty Crayon
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Re: miners earn 1/2 as much 2021/06/07 03:35:25 (permalink)
I hope there margins continue to get squeezed.
Beanard
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Re: miners earn 1/2 as much 2021/06/07 18:32:12 (permalink)
veganfanatic
on a miners forum i love tangling with they were crying in their beer as earnings were 1/2 what they were
 
i had to taunt them and it's on my site with today's news
 


'Crying in their beer' is a hilarious expression. They're still gonna drink that mug.
SirImperial
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Re: miners earn 1/2 as much 2021/06/07 18:38:08 (permalink)
now i'm starting to hate crypto regardless of mining..

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Roxysims
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Re: miners earn 1/2 as much 2021/06/07 20:58:45 (permalink)
I hope this will make it easier to buy a card but they'll probably just find a way around it again
DXChase
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Re: miners earn 1/2 as much 2021/06/07 21:06:15 (permalink)
Card stock would not go back up if crypto mining collapsed, like it was mentioned earlier, mining relied on gpu's when they started well before the situation were in now which is due to worse things than miners. Im glad to see that companies are trying to develop cards specifically designed for miners so gaming gpu's can be left alone, but thats yet another electronic that needs the silicone and chips that are so highly scarce right now to gpu making companies.


SirImperial
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Re: miners earn 1/2 as much 2021/06/07 23:02:37 (permalink)
while im here, crying with joy that mining is dying.

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jackcalico
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Re: miners earn 1/2 as much 2021/06/08 03:46:24 (permalink)
Is that really a fact? If you look at the Ethereum pricing there is a slight decrease in pricing (11%), but the value is still skyrocketing 
nabber66
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Re: miners earn 1/2 as much 2021/06/09 21:21:16 (permalink)
360 for the win!
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